Tomocoin : Building an efficient blockchain infrastructure for decentralized applications, token issuance and integration
Tomocoin POC code = 63014B
Tomocoin is building a scalable blockchain which will have faster transaction speeds, zero to minimum transaction fees, cross chain atomic swaps, smart contracts platform, Proof of authority and decentralized governence.
One of the major issues currently everyone is facing is the high fees with bitcoin and the slow transaction speeds. Even Ethereum which is comparatively faster than BTC takes 15 secs to minutes for confirmations. Such speeds are unacceptable if you compare with Visa and Mastercard payment processing speeds.
Tomocoin will be the native cryptocurrency of Tomoapp which will use Tomochain.
Tomoapp already has 200k + users and has an android,ios and web version.
Tomochain is already running on testnet.
Tomowallet which can be used for storing tomocoin , erc20 tokens, ethereum and has a demo too.
Tomoapp can be used for the following things
- - Set a price in TomoCoin for your answer to your fans; Set a price for people to watching your content
- - Boost a video you produce using TomoCoin
- - Create a channel and charge a fee in TomoCoin to access your channel
- - Give virtual gifts of TomoCoin to live streamers
- - Reward engine integration with TomoCoin
- - Access a digital avatar and masks marketplace driven by TomoCoin
- - Access a private messaging system for secure communication
Tomocoin Token Sale
Total token supply = 100.000.000
Token sold in sale = 50.000.000
Hardcap = 8.5 Million USD
Tomocoin Roadmap
- Q1/2018
Tomochain development
(We are here)• POA concensus development• Cross-chain smart contracts• Tomochain scalability testing• Tomochain zero fee and instant cofirmation testing - Q2/2018
Token integration• Token integration on Tomochain testnet• Reward engine implemetation<• Tomochain alpha public release• Spam, DDOS detection algorithm - Q3/2018
Tomoapp official release• Tomoapp official release with Tomochain integration• Reward engine starts on mainnet• APIs for third party bots and app• Tomo Wallet - Q4/2018
Tomochain official release• Tomochain solution for external parties• Smart contract templates• Decentralized exchange integration• Plasma framework smart contract integration - Future
Make Tomocoin more valuable• Build community• Infrastructure upgrades• ICO platform on Tomochain• Decentralized governance
Team Members
Tomocoin is led by Long Vuong who is the project lead of NEM blockchain too.
Tomocoin has formidable partners which include Hashed, Neo and other top VC's
Conclusion : Tomocoin is solving a big pain in cryptocurrency by providing a scalable blockchain which will be faster and better in fees too. Tomoapp has several uses and tomocoin can be used within tomoapp. As adoption grows, tomocoin has the potential to be a mainstream currency and compete with the likes of Ethereum and Neo as tomochain has the ability to create smart contracts. Users interested in tomocoin can either participate in ICO or download their app and get rewarded or buy in secondary markets when tomocoin is distributed.